NOT LISTED FOR SALE

4394 Novell Loop Dublin, VA 24084

-- Bed
-- Bath
2,050 Sq Ft
0.32 Acres

Last Sold May 19, 2025

Last sale price $220,000 $107 Per Sq Ft

38 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Zoned Heating and Cooling
  • No HOA
  • Storage

About This Home

As of May 2025

Investor special: turnkey property with a great rental history! This split-foyer style duplex contains two 2-bedroom, 1.5 bath units totaling 1,025 sq ft each. Situated just off of Lee Hwy and Thornspring Rd, the location is ideal and convenient to the many local amenities that Dublin and Pulaski have to offer, resulting in a consistent and competitive tenant pool. Take solace in the fact that ALL major systems have been updated in recent years, along with consistent maintenance and cosmetic renovations. Being offered at a 7.2% cap rate with the potential to be improved to 8.4% with little-to-no capital expenditures, this property would make a great addition to your investment portfolio or serve as a great foundational property for starting your own!

Last Agent to Sell the Property

Bryan Taylor

RE/MAX 8 - Blacksburg Listed on: 03/10/2025

RE/MAX 8 - Blacksburg

Last Buyer's Agent

Bryan Taylor

RE/MAX 8 - Blacksburg Listed on: 03/10/2025

RE/MAX 8 - Blacksburg

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.32 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Split Foyer
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 2,050 Sq Ft Home
  • Storage
  • Washer and Dryer Hookup
  • Storm Windows
  • Oven or Range

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Schools

  • Dublin Elementary School
  • Pulaski County Middle School
  • Pulaski County High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 055516

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multifamily
  • County Or City: Pulaski
  • Deed Bk Pg Instrumnt: BK - 494, PG - 429
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: PT LOTS 16,17 & 18 LEE HIGHWAY SUBD
  • Lvt Date: 03/10/2025
  • Miscellaneous: 2 Bedroom Units, Air Conditioned, Appliances Included
  • Parcel Nbr: 055516
  • Property Sub Type: Duplex
  • Report Header1: 4394 Novell , Dublin, VA 24084
  • Style Structure Home: Split Foyer
  • Estimated Finished Sq Ft: 2050
  • Owner Annual Inc Exp Ins: 891.58
  • Directions: Heading West on Lee Hwy towards Pulaski, take a Right onto Thornspring Rd. Take an immediate Right onto Novell Loop, property is located on the corner before April Ln.
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Ceramic Tile, Hardwood, Lvp

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Roofing: Shingle

Garage/Parking

  • Parking: Off Street Parking

Utilities

  • Air Conditioner: Three Zone
  • Heating: Zoned Heating
  • Sewer: Septic
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • Elementary School: Dublin
  • High School: Pulaski County
  • Junior High Dist: Pulaski County

Lot Info

  • Estimated Lot Size: 0.32
  • Geo Subdivision: VA

Green Features

  • Efficiency: Bath, Extra Storage Space, Range/Oven, Refrigerator, Storm Windows/Doors, Tenant Paid Utilites, Washer/Dryer Connect

Rental Info

  • Owner Expense: Insurance, Real Estate Taxes

Multi Family

  • Units: 2

MLS Schools

  • Middle School: Pulaski County Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2025 05/19/25 Sold $220,000 0.0% $107 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/13/2025 04/13/25 Price Changed $220,000 -2.2% $107 / Sq Ft
03/10/2025 03/10/25 For Sale $225,000 +40.6% $110 / Sq Ft
06/26/2023 06/26/23 Sold $160,000 -20.0% $78 / Sq Ft View Prior Sale
06/04/2023 06/04/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $199,900 +85.1% $98 / Sq Ft
03/12/2018 03/12/18 Sold $108,000 -4.3% $52 / Sq Ft View Prior Sale
02/08/2018 02/08/18 Pending -- -- --
01/27/2018 01/27/18 For Sale $112,900 -- $54 / Sq Ft
Source: New River Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 423381

New River Valley Association of REALTORS®

APN: 055-005-0000-0016